Blame Samuelson

By now we all know that Mad Dictator Don is as dumb as a sack of hair, but how does this idiocy manifest? Let me count the ways.

The entirety of the Big Ugly Bill is founded on a single principle: there are no social goods and services, and any found hiding (like, say, drug development) must be killed no matter what. Where did this notion come from? In one sense, that has always been the mantra of the proto-MAGAnauts since, at least, the New Deal. They hated it, and tried their damndest to kill and then repeal it.

By the time 1950 rolled around, the econ space had been hit by an asteroid, named Paul Samuelson. He, arguably, invented mathematical econ. This brand is grounded in the micro-model; data based and "ethically neutral". His Ph.D. dissertation was expanded into "Foundations of Economic Analysis".

While widely seen as an explanation of the macro-model, it is based on the micro-model of individualism. Like it or not, the macro-model is just a policy exercise. The Damn Gummint, as Keynes understood, should, at times, bolster the economy when the various private actors fail. That happens a lot, when the micro-model ethic is dog-eat-dog.

Keynes would not approve of the scam Mad Dictator Don is running. The macro economy is doing just fine. And, naturally, when the economy is doing just fine, there's no reason for the Damn Gummint to engage in deficit spending. Not a bit of it. And, of course, giving away the Treasury to the 1% won't help.

To top it off, today we find that Mad Dictator Don is actively Making America Worse Again by killing off yet more future tech.

     For Immediate Release - The White House

     President Trump has this day announced a new and innovative offensive in 
     the effort to MAGA.  We don't need no Chinese EV shit.  "They don't know
     what the fuck they're doing."

     What do we have?  We have clean, beautiful COAL.  And to make the best use
     of COAL, The President has directed DARPA to spearhead the rapid, as in 
     Operation Warp Speed, development of the All American Steam Truck.  It 
     will be powered by an economical COAL fired plant, have top speed of 
     130 mph, and get 1,000 miles per ton of COAL.  All American EV charging 
     stations must provide the COAL alternative within 90 days of first sale 
     of the All American Steam Truck, or face criminal prosecution from my 
     Hot Looking Attorney General Pam Bondi.

Thought For The Day - 2 July 2025

Just in case it isn't obvious: rule by a Unitary Executive (the wet dream of the MAGAnauts come true) is just a fancy way of saying Dictatorship. Mad Dictator Don has already shown that there's nothing stopping him from reaching as deep as needed into the bureaucracy to make his wishes happen. Paramount is the latest entity to cave to extortion. An explicit threat isn't even needed. The Rule of Law is dead.